5104-07 Malibu
Multi-Family
for Sale
| Catylist Listing ID: |
30842964 |
| Property Subtypes: |
Low-Rise/Garden
|
| Number of Units: |
16 Units |
| Building Size (RSF): |
10,200 SF |
| Gross Land Area: |
0.88 Acres
|
| Sale Price: |
$1,176,000 |
| Unit Price: |
$73,500 Per Unit |
| Property Use Type: |
Investment |
| Building Name: |
Malibu |
| Usable Size (USF): |
10,200 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
8.0% |
| Average Occupancy Rate: |
95 |
| Last Updated: |
4/29/2024 |
Overview / Comments
|
8 x 2 bedroom units in 5104 PLUS 8x1 bedroom units in 5105 2 story adjacent to Water and gas paid by owner. FRM for 1 bed is $1077. FMR for 2 bedroom is $1301 Can be combined with 1730 Tempest, 1724 Tempest, 1721, Tempest for 47 total doors. This has one water meter shared with 5104-06 and 5105-07. There are 4 listed addresses, but two buildings
|
Financials
| Finance Data Year |
2022 |
| Tax Value Land |
$128,000 |
| Tax Value Improvements |
$712,010 |
| Assessed Value - Total($) |
$841,410 (Annual) |
| Potential Rental Income |
$69,204 (Annual) |
| Gross Operating Income |
$141,550 (Annual) |
| Net Operating Income |
$121,839 (Annual) |
| Actual or Proforma Year |
Actual |
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Jefferson |
| Taxing Authority: |
Louisville |
| Tax ID/APN: |
131800230000 |
| Zoning: |
R-7 - Residential Multi-Family District |
| Percent Occupied: |
100% |
| Property Located Between: |
Shively and PRP |
| Highway Access: |
264 |
| Airports: |
Louisville |
| Site Description: |
2 buildings built in 1972 .3 acres open land could be improved |
| Total Number of Buildings: |
1 |
| Property Condition: |
Good |
| Number of Stories: |
2 |
| Year Built: |
1972 |
| Construction/Siding: |
Brick/Aluminum Siding |
| Exterior Description: |
Brick |
| Parking Type: |
Surface |
| Parking Description: |
Rear parking |
| Laundry: |
Laundromat Nearby |
| Sprinklers: |
None |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Fuel: |
Gas |
| Zoning Description: |
R7 |
| Part of Planned Development?: |
Yes |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
14,640 |
105,791 |
217,329 |
| Median Age: |
38.33 |
37.87 |
36.65 |
| Households: |
6,215 |
42,788 |
88,970 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Moody's assume any liability for errors or omissions.
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